Note 5 - Deferred Drydock Costs (Tables)

12 Months Ended

Dec. 31, 2015

Notes Tables

Schedule Of Dry Docking Activity [Table Text Block]

	Successor					Predecessor
	2015			October 16, To December 31, 2014		January 1, To October 15, 2014			2013
Beginning Balance	$	1,960,792		$	-	$	3,826,685		$	2,132,379
Payment for drydocking		11,141,561			1,960,792		3,802,796			3,637,842
Drydock amortization		(1,956,344	)		-		(2,521,479	)		(1,943,536	)
Write-off		-			-		(5,108,002	)		-
Ending Balance	$	11,146,009		$	1,960,792	$	-		$	3,826,685